TMN MELEWAR

TMN MELEWAR in Batu Pahat, Johor recorded 2 subsale transactions in 2022, with a median price of RM 210K and a median price per square foot (PSF) of RM 182.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 210K, with most transactions falling within a stable range of RM 140K to RM 280K, and a typical market range of RM 145K to RM 275K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 182, with most transactions between RM 181 and RM 182. The usual range is RM 174.50 to RM 188.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.00 and an average deviation (MAD) of RM 1 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.